Houston County, MN commissioners chose to opt out of a recently enacted state law at their meeting on September 20th. Minnesota statute 394.307 (signed into law on May 12) “defines and regulates temporary family health care dwellings on residential property,” Houston County zoning administrator Aaron Lacher told the commissioners. According …
County Zoning Administrator Aaron Lacher Opting Out “Granny Pod” Law Read More
Home prices in the Vancouver, British Columbia (B.C.) metro are expensive. The average price for a detached home in the Fraser Valley, for example, is $900,000. A typical condominium can set you back $248,000. Compare that to the typical manufactured home in B.C., which sells for around $80,000. According to …
Plans to transform what the Boulder City Review called a “blighted mobile home park” (sic) into townhouses came before the city’s planning commission. The plan to transition the Boulder City Mobile Home Park into a townhome community were unanimously approved by the town’s commission on September 21st, with Chairman Jim …
Boulder City Planning Commission Approves Rezoning Of Mobile Home Park Read More
Wells Fargo’s CEO, John G. Stumpf, has been called by Warren Buffett about recent events, according to Fox Business. Noteworthy headlines on CNNMoney – Wells Fargo worker retaliation claims rile up Congress. Lawmakers: Wells Fargo a ‘criminal enterprise’ like Enron. U.S. warns Samsung washing machine owners after explosion reports. The worker …
Wells Fargo Chairman/CEO Grilled, Buffett speaking out, All Markets Down Read More
Work started this month on a new clubhouse and community center for Sterling Estates, a manufactured home community in Adrian Michigan, 72 miles southwest of Detroit. “We had a need for this, so it’s good to see work on it finally begin,” said Sterling Estates owner, Germano Mularoni. “This was …
Manufactured Home Community grabs positive media via New Clubhouse Construction Read More
Equity Lifestyle Properties, Inc. (NYSE:ELS) is expected to pay a $0.43 dividend on Oct 14, 2016. ELS shareholders owning stock before Sep 28, 2016 will be eligible to receive the payout. Based on Equity Lifestyle Properties, Inc.’s current price of $79.70, the dividend is 0.53%. The indicated annual dividend is …
Equity LifeStyle Properties Investor Management Fund, Dividend Updates Read More
Noteworthy headlines on CNNMoney – CA Punishes Wells Fargo with Sweeping Sanctions. OPEC Cuts Production, Oil Surges – 35% of Student Loan Defaults From For-Profit College Students. Some bullets from MarketWatch – City-by-city look as house-price gains slow. White House calls Congress veto of 9/11 bill ’embarrassing’. China’s richest man warns of …
Residents of the Lowry Grove community in the Minneapolis, MN suburb of St. Anthony lost their bid to block the sale of the property, according to a ruling by a Hennepin County Judge. “We continue working together to save Lowry Grove. We will organize more action,” said Antonia Alvarez, president …
Battle Over Community Owner’s Rights vs. Resident’s Rights highlighted in St. Anthony case Read More
When retiree Lois Requist decided to downsize from her two-story condo to a manufactured home community in the San Francisco metro area, she was met with some resistance by friends and neighbors—some unfortunately threw the awful “T” word – “tr—lr trash” – at her. Despite the criticism, Requist is happy …
Noteworthy headlines on CNNMoney – Debate most watched in history. Fed under attack, but still profitable for taxpayers. U.S. probes Wells Fargo whistle blower complaints. Some bullets from MarketWatch – Congress deadlocked over funding bill as government shutdown looms. Chesapeake Energy’s stock plunges as Carl Icahn loses interest. Nike stock down 4%. …
Market Rebounds, Manufactured Home Index Down, But Drew and Patrick Up On Executive Moves Read More
As the U.S. population rises, the steady growth of the mainstream housing market probably comes as a surprise to few. What may come as a surprise to veteran HUD Code manufactured housing professionals is that an affordable housing option –– manufactured homes! – has had a suddenly flurry of positive …
Emerging Mainstream News Trend? Are Positive Manufactured Home Reports Increasing? Read More
In the effort to provide shelter for the many displaced after the devastating August flooding in Louisiana, Mississippi-based Lexington Homes is about to step into the limelight, the Clarion-Ledger reports. Lexington Homes, a HUD Code manufactured home builder, was awarded a $6.76 million fixed-price contract from the Federal Emergency Management …
“It does not appear that DOE grasps the unique challenges that small manufacturers encounter.” — U.S. Small Business Administration, Office of Advocacy A controversial proposal by the U.S. Department of Energy (DOE) for manufactured housing has drawn support as well as growing opposition. An arm of the United States Small …
SBA, George Washington University, Blast Proposed DOE Energy Rule for Manufactured Housing Read More
The opposition has been steady, and at times, with intense emotions on the side of those who wanted to ‘just say no’ to the redevelopment of a city park into a new, affordable, manufactured home development. “To me, Ellis Granley Park was a huge, big space that had a lot …
Northern NIMBY? Controversy, but New Manufactured Home Development Gets OK’d Read More
MarketWatch bullets for the day include: Sensitive data again leaked out of the Fed early. Hello self-driving cars, goodbye 4.1 million jobs? Apple’s stock lead with their strong iPhone 7 release. And MarketWatch likes Clinton’s plan less than Trump’s. Oil was down, while gold rose a smidge. At the closing …
Manufactured Housing Composite Value rises, as do all 3 major indexes Read More
COAP, Inc. recently joined the SmartMH KY™ program, a strategic alliance of the manufactured housing industry producers, lenders, retailers, utilities, non-profits and stakeholders who’ve made it their mission to make ENERGY STAR™ homes more accessible via better loans throughout Kentucky, the Harlan Daily Enterprise reports. COAP’s mission, per their website, …
JACKSON, OH — James “Jim” Elliott lived life to the fullest — every single day of his 73 years. To say he had a zest for life would be an understatement, said Legacy. Jackson passed away in his home on Saturday, Sept 10, 2016, with his family with him, the …
Analysts at Citigroup in a research report released to investors upgraded Sun Communities, Inc. (NYSE: SUI) from “neutral” to “buy” on Monday with a target price of $86.00 on the real estate investment trust’s (REIT) stock. This news comes on the heels of other reports from TheStreet – cut from …
Citigroup Inc., other investment managers, sound off on Sun Communities Inc. (SUI) Read More
The Controversy – two sides of rent control – are found in what looked to be a political event at an ice cream social. It began when the North Santa Barbara County Manufactured Homeowners Team (NSBMHT) gave congressional, state legislature and city council candidates a chance to talk about their …
In a recently reported discussion about affordable housing in Portland, Oregon, four “surprising facts” were raised by OregonMetro’s Craig Bebbe. The panel discussion at the Metro Regional Center shared hopeful signs for preserving and possibly even expanding access for manufactured housing and manufactured home communities in the future. Bebbe called …
